EURUSD:The EURUSD pair was bullish last week. This pair closed at 1.2987 on Friday, stalling around the line at 1.3000. It can be seen on the chart that the price is determined to break the resistance line at 1.3000 to the upside. If it happens the next target will be the resistance line at 1.3050.
USDCHF: This pair was bearish last week. It closed at 0.9279, as it seems the price will experience some difficulties in breaking the support level at 0.9250 to the downside. If it happens the next target will be the support level at 0.92000.
GBPUSD: Generally, this market was bullish last week, though it was a weak bull trend. On Friday the price closed at 1.6010 just above the accumulation zone at 1.6000. The latter has really done a good job in halting further bearish attempts. The bullish signal is still valid. When the price succeeds in breaking the distribution zone at 1.6050 to the upside, the next target could be the accumulation zone at 1.6100.
USDJPY: The USDJPY pair closed at 82.47 on Friday. The market is bullish both in the short term and long term; the RSI 14 period is still above the level 50. Right now, the price is above the demand zone at 82.00, which should do a good job in halting further bearish threat.
EURJPY: This is a bull market, and the price closed at 107.10 on Friday. The bullish signal is still valid; the fact that the Williams’ % Range is heading down from the overbought region is understandable. The price is just around the supply zone at 107.00. If the northward bias continues the next targets will be the demand zones at 107.50 and 108.00.